NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.
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SAP S/4HANA Cloud
Score 8.6 out of 10
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SAP S/4HANA Cloud is a modular ERP that enables users to run mission-critical operations in real time from anywhere, introduce new business models in any industry, and expand globally. SAP S/4HANA Cloud is a SaaS product and can also be deployed in a hybrid landscape for quicker time to value. SAP S/4HANA Cloud is a foundational component of the SAP…
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Pricing
NetSuite ERP
SAP S/4HANA Cloud
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NetSuite ERP
SAP S/4HANA Cloud
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
Required
Additional Details
Users subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.
Per user, per month
More Pricing Information
Community Pulse
NetSuite ERP
SAP S/4HANA Cloud
Features
NetSuite ERP
SAP S/4HANA Cloud
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
Ratings
147% below category average
SAP S/4HANA Cloud
8.3
Ratings
15% above category average
Pay calculation
1.00 Ratings
8.10 Ratings
Benefit plan administration
1.00 Ratings
8.30 Ratings
Direct deposit files
1.30 Ratings
8.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.2
Ratings
19% above category average
SAP S/4HANA Cloud
7.9
Ratings
4% above category average
API for custom integration
9.20 Ratings
7.90 Ratings
Plug-ins
9.90 Ratings
7.90 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.7
Ratings
17% above category average
SAP S/4HANA Cloud
8.4
Ratings
3% above category average
Single sign-on capability
9.70 Ratings
8.70 Ratings
Role-based user permissions
9.80 Ratings
8.20 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.9
Ratings
31% above category average
SAP S/4HANA Cloud
7.9
Ratings
9% above category average
Dashboards
9.90 Ratings
7.90 Ratings
Standard reports
9.90 Ratings
8.00 Ratings
Custom reports
9.90 Ratings
7.80 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NetSuite ERP
7.9
Ratings
2% above category average
SAP S/4HANA Cloud
8.3
Ratings
7% above category average
Accounts payable
8.50 Ratings
8.40 Ratings
Accounts receivable
8.50 Ratings
8.30 Ratings
Global Financial Support
9.90 Ratings
8.10 Ratings
Primary and Secondary Ledgers
9.90 Ratings
8.10 Ratings
Journals and Reconciliations
9.30 Ratings
8.20 Ratings
Configurable Accounting
9.90 Ratings
8.20 Ratings
Standardized Processes
9.90 Ratings
8.60 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
9.1
Ratings
14% above category average
SAP S/4HANA Cloud
8.6
Ratings
8% above category average
Inventory tracking
10.00 Ratings
8.60 Ratings
Automatic reordering
8.90 Ratings
8.40 Ratings
Location management
9.60 Ratings
8.20 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
9.4
Ratings
18% above category average
SAP S/4HANA Cloud
8.4
Ratings
7% above category average
Pricing
9.90 Ratings
8.20 Ratings
Order entry
8.20 Ratings
8.50 Ratings
Credit card processing
8.90 Ratings
9.00 Ratings
Cost of goods sold
9.50 Ratings
8.50 Ratings
Order Orchestration
9.90 Ratings
8.00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NetSuite ERP
7.9
Ratings
5% above category average
SAP S/4HANA Cloud
8.6
Ratings
14% above category average
Billing Management
8.40 Ratings
9.00 Ratings
Cash and Asset Management
9.90 Ratings
8.00 Ratings
Travel & Expense Management
9.80 Ratings
10.00 Ratings
Budgetary Control & Encumbrance Accounting
8.90 Ratings
8.00 Ratings
Period Close
9.90 Ratings
8.20 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NetSuite ERP
6.6
Ratings
14% below category average
SAP S/4HANA Cloud
-
Ratings
Budgeting and Forecasting
6.00 Ratings
00 Ratings
Project Costing
6.00 Ratings
00 Ratings
Cost Capture
6.00 Ratings
00 Ratings
Capital Project Management
4.00 Ratings
00 Ratings
Customer Contract Compliance
9.90 Ratings
00 Ratings
Project Revenue Recognition
6.90 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NetSuite ERP
4.1
Ratings
51% below category average
SAP S/4HANA Cloud
9.3
Ratings
29% above category average
Project Planning and Scheduling
8.90 Ratings
10.00 Ratings
Task Insight for Project Managers
3.30 Ratings
8.00 Ratings
Project Mobile Functionality
3.00 Ratings
10.00 Ratings
Definable Resource Pools
3.60 Ratings
9.00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
82% below category average
SAP S/4HANA Cloud
8.3
Ratings
11% above category average
Award Lifecycle Management
3.50 Ratings
8.30 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
Ratings
71% below category average
SAP S/4HANA Cloud
8.2
Ratings
17% above category average
Bids Analyzed and Compared
3.50 Ratings
8.20 Ratings
Contract Authoring
1.90 Ratings
8.20 Ratings
Contract Repository
3.50 Ratings
8.10 Ratings
Requisitions-to-Purchase Orders Integrated
3.60 Ratings
8.40 Ratings
Supplier Management
9.90 Ratings
8.30 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
71% below category average
SAP S/4HANA Cloud
9.8
Ratings
40% above category average
Risk Repository
3.50 Ratings
10.00 Ratings
Control Management
1.90 Ratings
10.00 Ratings
Control Efficiency Assessments
3.50 Ratings
10.00 Ratings
Issue Detection
3.50 Ratings
9.00 Ratings
Remediation and Certification
3.50 Ratings
10.00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NetSuite ERP
3.1
Ratings
73% below category average
SAP S/4HANA Cloud
8.2
Ratings
21% above category average
Transportation Planning and Optimization
2.80 Ratings
8.40 Ratings
Transportation Execution Management
2.80 Ratings
8.00 Ratings
Trade and Customs Management
2.80 Ratings
8.00 Ratings
Fulfillment Management
9.90 Ratings
8.50 Ratings
Warehouse Workforce Management
2.50 Ratings
8.20 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NetSuite ERP
9.4
Ratings
24% above category average
SAP S/4HANA Cloud
8.5
Ratings
14% above category average
Production Process Design
8.90 Ratings
8.50 Ratings
Production Management
8.90 Ratings
8.70 Ratings
Configuration Management
9.90 Ratings
8.40 Ratings
Work Execution
9.90 Ratings
8.30 Ratings
Manufacturing Costs
8.90 Ratings
8.50 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NetSuite ERP
8.5
Ratings
18% above category average
SAP S/4HANA Cloud
8.3
Ratings
15% above category average
Forecasting
8.80 Ratings
8.20 Ratings
Inventory Planning
8.20 Ratings
8.30 Ratings
Performance Monitoring
8.90 Ratings
8.30 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
NetSuite suits a mid-sized company best where the organization uses multiple currencies in its day-to-day transactions. NetSuite is ready-to-use for businesses that follow financial standards. The more custom business processes there are, the more implementation is required. I would not recommend NetSuite to a large organization due to its performance issues. Additionally, the in-house bank reconciliation tool is not user-friendly for business purposes.
The software reduces the stress of managing multiple departments in the supply chain sector. It offers great performance for both small and large businesses. With the built-in AI, it improves the overall efficiency of the organization and helps in reducing maintenance. The product customer care and support services are available 24/7.
Customizable Reports and Saved Searches allow much more maneuverability
Elimination Entries that are driven by advanced intercompany journal entries
Journal Entries can be entered in as basic or advanced intercompany to better represent the type of transaction occurred for reporting purposes
Training through the LCS module can help shed knowledge on a range of topics at a self paced learning basis
NetSuite ERP offers to all users a SuiteAnswers platform to pose frequently asked questions with answers generated from a combination of NetSuite ERP experts, users, and more recently AI based.
I am not the decision maker for this but I believe our company will be sticking with NetSuite for the long term. A CRM like this is a big investment and not something you move away from quickly and without a lot of planning. There is a lot of data involved and importing that into a new system is no easy task.
I am not part of the team that makes this decision but I would recommend renewing the contract. Most employees at Tennant are long term employees and would find it difficult to change to a different software. They are comfortable using SAP.
It's beneficial if you know what you're doing, but it can be very confusing to find what you're looking for, and many things seem overly complicated or require too many steps to accomplish a simple task - which can be overwhelming for someone accustomed to QuickBooks.
SAP S/4HANA Cloud has a super flexible and intuitive dashboard, allowing every user to navigate effectively. It also has powerful customer help, which acts as a guide for new subscribers. The features deployed are realistic and functional, without defects. Constant changes and updates are proactively shared.
It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime
Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.
I would like to give 8 rating for NetSuite support and reason for that is below: Whenever we faced any technical or functional issues we tried to reach out to NEtSuite support but response was not immediate. We told them about the urgency of the issue but still we were not getting response on time. Then, we have to reach out to AE to get things resolved.
The support system I find great as whenever I run into problems they rectify them quickly as possible they never reacted late the support is just up to the mark for me. They provide many solutions to the problems I faced the [technical] team support is always amazing they [listen] to mean work accordingly.
I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot
Implementation was fine but could have gone quicker.
NetSuite provided me a implementation guide who I did not think was very knowledgeable.
I recommend that you make sure the organization knows how they are going to use the software and come up with an implementation plan before importing all of the data.
SAP requires a lot of internal and external resources to complete its successful implementation. The cloud version requires a deeper understanding of the different capabilities of the local systems (hardware) and the connection towards your local IT team. We found several problems on our systems that we couldn't foresee before the implementation and roll out.
NetSuite by far is the most expensive; However, compared to the 3 systems notated, the overall functionality, capability and reporting advantages make it my top choice for companies experiencing exponential growth across all departments. Its a best in class solution for just about any user.
Previously we had implemented Azure Cloud Services which had cost us excessively compared to SAP cloud. Also I found the user interface easier to work with compared to the azure cloud as well. Overall the features are really good compared to Azure and cost is also less compared to it
We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.
NetSuite ERP data is used for material reporting. That is like balance sheet and profit and loss reporting. It plays a key role in financial data management.
Too many customisation become hard to manage in over a period of time.